Assume a consumption function that takes on the following algebraic form: C = $100 + .8Y. Assume that Y = $1000 what is the level of consumption at this income level. C = $100 + .8($1000) = $100 + $800 = $900. 1. Using the above figure calculate the marginal propensity to consume between the aggregate income levels of $80 and $100. Also explain why this consumption function is linear. The marginal propensity to consume is equal to $15/$20 = .75. The consumption
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currency markets and foreign investment) led to a rapid increase in FDI and portfolio investment. Investment makes economies more integrated as economic changes in one country influence others (CONTAGION e.g. negative effects such as the GFC and the EDC or positive effects such as new technology and booming economies). The main benefits are that it enables countries to finance their domestic economy even if domestic savings are low. The result higher investment = more GDP and higher living standards.
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Should Vodacom want to expand into Africa to sustain profitability it can use its can consider its internal growth Vodacom can now then focus on what it already had this includes the quality it gives to their customers this including its latest development of LTE which is fourth generation network 4G. Expansion Raising the market share‚ sales revenue and profit of the present product or services. Market penetration Selling existing products to existing markets. To capture the market Vodacom
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In Today’s World People Depend Too Much On Computers and Technology Are we too dependent on computers? The answer is yes! In today’s society‚ people use computers in business‚ education‚ and in the entertainment world. Almost everything we do and every aspect of our life is affected by modern technology with computers at the top of the list. People obsess over computers. The computers do everything for us so we don’t have to use our brains anymore. People are losing their jobs due to the computers
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Economics 1 Assignment Name: Shaun Neo Wei Qiang Student CT NO. : CT0209608 Date : 18th April 2014 Module : Economics 1 Lecturer : Mr Wong Hean Hoo Outline 1) Introduction 2 2) Relating to the Article – Inflation 3 3) Some of the causes for inflation 4 4) Managing inflation 5 5) Conclusion 6 6) Biblology 7 7) Actual Article Selected 8 Page 1 Introduction The article I chose Is from Today
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vacation than before‚so the tourism is of vastly importance for any country and its economy that has natural wonders or rich and interesting history.But is tourism bringing more bad sides with its development or is it all worth it? To begin with tourism has a lot of good sides‚for instance it makes a great contributions to economy‚because it can drasticaly change the amount of money in countries bank which means it can improve life standard and the amount of
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OIB UK History / Geography Can development be measured by economic indexes alone ? (detailed plan) In order to answer the question‚ we first need to define what we mean by development: -Economic sense of the word (GDP‚ GNP‚ economic growth‚ etc ) -Quality of life (enough food‚ hospitals‚ education) -Politics‚ Religion‚ Human Rights (this is seen from a European/American point of view‚ seen from other countries‚ this may not come into account) -Ecological Sustainability Basing ourselves
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Rich countries should help poorer countries With the development of technology and business‚ the world become smaller and smaller. Many countries in economically developed. However‚ there are still many countries are poor. These people in poor countries need help‚ and many rich countries can give a hand to the poor countries for two reasons. One is to promote the communicatin on many aspects likes culture and trade. The another one is to stimulate the development of poor countries to support people’s
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south American Country Economics concerns Written by Travis Eldridge Macroeconomics A.I.U Introduction This paper I am writing is concerned with the economic considerations of a South American country and shall analyze the impact of an economic concern as followed
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INTRODUCTION Country Manager is an international marketing simulation which focuses on the issue of international market entry and expansion. We played the role of a country manager for a major consumer products company called Allstar brand who was faced with a matured domestic in Latin America. Our country manager team developed a marketing strategy for the product Allsmile‚ choosing among six countries in Latin America. We also implemented this marketing strategy which would be profitable
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